Hey! Venezuelan here. This made me cry for multiple reasons: 1.- The fact that someone is actually factually reporting on what happens to us and in some ways, this has been more through-rough than a lot of journalist. 2.- Because it reminded me of exactly how bad this is, with no end on sight. :( Just to fact-check/expand on context: Venezuela did have a real, albeit imperfect democratic system from 58-98... The year we elected that asshole Hugo Chávez. And to be fair, plenty of people-both local and immigrants- profited: there was more social mobility and the opportunity to study, get good jobs, make a living, take care of your family, etc. Venezuela was much like the US, a migration magnet. And food scarcity started in 2007: milk was one of the first things to go. The thing is that because of the high oil prices is like they could keep cooking in spite of a gas leak, but eventually you rub out of gas. The thing about controlling of the 1 resource=control of the population is true. Is like how abusive partners will try to prevent their victims from having their own money or take away any income they generate so as to keep them subdued. The Venezuelan government is responsible for people not finding food, but they will SELL you boxes of government selected food for you. So, also Maslow’s pyramid: you keep people from being able to protest because they’re relying on that food box you sell them. And government officials are the ones who import that food and make money off of it.
Saludos Camarada!! Jajajajjaja, jodiendo, maldito maduro. And yeah, finally someone famous in pop culture and stuff that talks about most of the issues that happened in our country, shit happens. And yeap, I feel like we should actually say that nowadays a common person gets less than $3 a month, what a shame. Another Venezuelan here!
The acknowledgment of our shitty economy made me happy but mostly sad. I miss the country I used to live in. I left a year ago and I know whatever country I left is not the same place.
It is sad to know that everyday the situation gets worse and worse, the price of the dollar is stellar and people depend on the food the goverment gives... Presidential elections are coming and guess who's gonna buy votes with food? There you go, like an infinite paradox
Vanessa Marcos TChaka invested in knowledge sent his best students across the world to the best universities so they had stocks, bonds and patents up the wazoo when the vibranium went inert in the comics I’m guessing Maduro didn’t diversify and taxed every industry to subsidize foreign oil extractors who rent the oil wells? I’m not sure how socialism works cause it doesn’t.
@@angelarzola2438 that doesn't solve the problem. Melting is just the application of enough energy until the materials constituent particles have more kinetic energy than structural bonding energy. If you can melt it you can break it.
@@angelarzola2438 In terms of both cost(money) and energy efficiency: no Energy: breaking just a few bonds to extract a lump of material costs less then effectively disassembling the entire lump. Cost(money): the higher amount of energy required to melt is still more costly than the expenditure for replacement tools. The latter might change in the future depending where technology develops. Although I omitted a little caveat: In the real world we mine ore not the refined metal, so we melt it anyway in the process. However melting it once(refinement) is still cheaper than doing it twice(mining+refinement). If we developed a technique that combined both steps in one that could change aswell (although again that's unlikely to happen due to the additional problem of heat conduction through the ore vein(melting a part would needlessly warm the rest of it, which is energy wasted))
I watched this video 5 years ago and it was my first real exposure to economics. Today I just accepted a master's candidacy for development economics. Film Theory literally changed my life ❤
@@michaelbfdiiwong523 Wakanda Actually has and underground sea bed which lies beneath the mountain range and all Wakandan underwater tech testing takes place there.
Tony has a daughter and if a she is like her father and grandfather then she will make something Only if she is like them And Peter Parker is also there to help her or do that himself
@@SV-xo3rt you know that sad oil and run out are human fear being replaced by AI high-tech futuristic technology highly advanced technology and nanotechnology automation and human lost his job protested
I was searching for this comment. Actually sand shortage is a huge problem and there are many places in the world we people suffer from criminals illegally harvesting sand and destroying whole costs and ecosystems. Sand is actually the second most used material in the world. Right behind water. This is because it is used in the worlds most human build thing: concrete.
@@GuerkHD this is only half correct, the sand shortage is beach sand, not desert sand for example. sand for concrete can only be used if its from a beach whereas for fiber optic cables it can come from the desert. this is due to the fact that sand eroded by water (beach) is more angled and thus sticks together better making better concrete. the sand used for fiber optic cables can be from deserts as it's melted and it's form is changed.
Hello everyone, a Venezuelan here, one that can not say anything also than thank you for Matt Patt for creating awareness about the current situation of my country and telling everyone how is that we actually live here (with the exception of the government and what we call “enchufados” that are corrupt citizens that gain money and power by supporting the government) I’m 17 years old high school student about to get graduated, and I can tell you that I’m going through one of the toughest moments of my life. I’m actually lucky to be part of the 10% that is able to eat properly and have a good education, but those little things have costed me a lot. A lot my family moved to other countries to try in finding new opportunities and a better life, and I’m not going to be the exception of that case. My mother actually moved to Panama to get a better job and a better life being broken hearted by the fact of living her son behind so I could finish my high school years here with some of the friends that have stayed. It has been really difficult for her, but because of all the effort she is putting to her job she is able to send us money every now and then so grandparents and me can eat properly every day. Not having my mom around have changed my life a lot, but that’s not the only thing... All public services in this country are absolute garbage. I can barely have WIFI and even getting water in your house is difficult now a day, to the point where there are some days where I can’t even take a shower or wash my hands. All this has also affected education in general. Both schools and universities have a shortage of teachers. There are no teachers now a days, I’m in my school currently missing two teachers in two different subjects, let it be because the salary was not enough or because they simply moved to another country. And you can seriously noticed the downgrade on the educational system all around the country. There is also the insecurity. Venezuela currently have some of the most dangerous cities on the entire world. You can even see that most of the cities of the top ten are form Venezuela, being Caracas (the capital and the city where I live) the most dangerous city in the world. Getting killed, or rob or kidnaped is the most common thing in this city, it’s something that simply japonés all the time. You have now idea how strange it feels to go to another country and being able to actually take out my phone without being worried about someone coming to me with a pistol and saying “give me your phone” You may be asking yourself “if you have family outside the country, why you don’t go live with them”. Well, it’s actually not that simple, but getting out of this country is definitely my plan. As soon as I finish high school I will try to get an scholarship and leave this country as I can. And you can see that this is what most professionals are doing, because.... There is no future here, there is no improving , there is no normality, there is no opportunities..... We Venezuelans don’t live, we survive.
Alany Walany wow, you really don’t know how is things work here. The owners of the stores don’t hide the goods because, first of all, the are not any goods to hide, how do you hope to even put something on the shelves if all the fabrics are abandon and al that we get is imported in dollars, dollars that of course not everyone has. Also the government put regulations on the products that are of necessary need, take harina pan for example, the government says that every store should sale it at 70 thousand Bs. but the real price is 250 thousand bolívares Bs., so how the heck is the store and the owner and the fabrics supposed to produce and gain anything if they are literally losing money on every sell. So that lowers the production, makes the companies that offers good and services go to bankrupt and so as a result you have a shortage of everything and one of the biggest inflation of the entire world. And that’s just the tip of the iceberg And also, I will like you to at least inform yourself about how is that thing actually work and what is really happening in the country before you do some comment like that. Because it really pissed me off reading such a none sense
We HAD MONEY, this country WAS great. Now a days things has changed, Only a few people has access to food daily imagine buying a computer or cellphone. You do not know what it is to live here and not be able to do anything. Seeing people sell everything they have to leave the country and have nothing somewhere else. Hearing news about people killing them self beacuase they have nothing to sell so they can leave the contry for a better life. Having to work since you are very young not to afford college but to afford existing because food is the only thing you will be able to buy if you are lucky. You do not get to judge us
I learn more from one video from you than I do a week in school😂 plus I feel what you talk about in these video tend to be more factually correct than teachers and you address real problems in places that can tend to get overlooked in episodes like this
Jonathan Williams thats exactly what I mean! Don't get me wrong it's not your fault it is the media giving more recognition to something like tide pods instead of a very sad problem in a country like Venezuela. It is my home country which is why it makes me sad but if you would like to know more about it try searching clips from 2017 and search about Oscar Perez (first example I can think of)
I have a friend living in Venezuela whom I met before the country went under dictatorship. The woman gives me a heart attack every time I hear about the police throwing a tear gas bomb in the middle of the subway
You’re forgetting one thing though. Wakanda has been majorly isolationist for centuries. By that logic they would have the economic foundation to survive even when international trade stops
@@argo1016 well id say that we dont know for sure they havent been working behind the scenes all those years. and if the comics are looked at, general wukandan life isnt actually that good, there is alot of things that are bad for many people. But just talking MCU, there are some other big problems. Wukanda isnt presented as a rich country, a majority of the people are basic workers and farmers, the country doesnt lean on wealth as an important factor of life, and they are protected by their tech from the things that other African locations deal with, namely, conflict. That said, as climate change happens, their way of life is impacted heavily, and a country that lives primarily through agriculture is severaly at risk. Further more, the rest of the worlds is actually fairly close, i not already able to, with the help of allies made with space travling races and...norse gods, obtain either vibrainum from off earth locations, or infact, stronger materials we have seen in the other movies, and more advanced tech seen in other movies. Their military might is mostly stagnet, and frankly pretty lacking stratigically behind even modern weapons, let alone the power of what off world tech is bringing to earth. In ten years time, its entirely possible Wukanda wont be able to fight this agressive rise in tech other locations can bear on them.
@@OpticalShadow It may be true that extreme technology comes into play, but, As we've seen, the norse gods have mystical artifacts, and don't delve into technology too much. In fact, excluding their artfacts, (which btw were commisionend from a race of dwarves who are now almost all dead) They seem to be middle age tech at most. As far as all the examples go, wakanda is still the most advanced, (technology wise) in the series, with potential growth being made apparent by the "what if t'challa was star lord' episode of What if It's true that as technology advances, the old wakanda may be eclipsed, but Wakanda is no stranger to technological advancements themselves. Not to mention, with the plot device that is vibranium, it wouldn't be so far fecthed to assume that wakanda could solve global warming on a small scale like their country.
Wait, wasn't it a secret that wakanda had all of this vibranium and that means that they weren't selling it? This would mean that the economy isn't based upon vibranium. Correct?
This is a great video, but it has a huge foundational flaw. Wakanda doesn't actually export vibranium lol. Also because of Wakanda's historical extreme isolationism their economy also isn't really based on trade at all. Remember they were considered an impoverished "third world" country by the rest of the world. Very few people even know that Wakanda is the source of vibranium. The black market on the stuff is certainly booming, but besides simply wanting to recover it just to keep it out of other's hands that isn't really a problem for Wakanda or the Black Panther.
Also the entire black market of vibranium was the amount that Kalue previously smuggled out, that Ultron got his hands on. Wakanda was an entirely self sustained domestic economy. If anything, they're probably ruining their country by letting the rest of the world in.
Ummmm.... MatPat? I’m a huuuge fan, but I need to point out something here. Vibranium is NOT the reason why Wakanda is wealthy. While the characters may claim it is, it can’t be true. It was mentioned multiple times that Wakanda never exported Vibranium outside of the country (except possibly the material for Cap’s shield), which means that all of the Wakanda’s wealth must have been gained from separate exports. While the sudden exports of Vibranium caused by T’Challa opening up trade at the movie will probably ruin the economy, I’m not sure that it will happen exactly as you predicted. Again, I’m an absolute fan of Game/Film Theory, but I felt this had to be mentioned. In the meantime, remember that’s just a theory, A FILM THEORY(critique)!!!!!!!!
It will only ruin it if they provide it all at once instead of keeping it a secret and selling off small portions at a time. Instead they can focus on exporting technological advancements continue being self sufficient.
(Spoiler Warning!!!) That’s a very good point, however, we know from the movie that T’Challa has no intentions of keeping Wakanda’s Vibranium reserve secret and making small trades. He says at the very end that Wakanda is prepared to share it’s knowledge and resources to the world, which includes the sharing of Vibranium economically in international trade.
According to Ross, the only Wakandan exports that he knows of are things like sheep and textiles, with some vibranium that he thought was completely stolen by Klaue.
Killmonger wasn't actually a "legit" king like you said though. They say it in the movie, T'chaka didn't die, and he never yielded. T'chaka was the king from the coronation ceremony in the beginning of the movie to the end. Edit: Yes, I am an idiot. I meant to say T'Challa, not T'Chaka
I wish they just referred to him as Erik, which is his first name. Not exactly a villainous and menacing name but I think it would suit him well to be honest.
Great film theory but after seeing the movie I saw a couple things that make me feel like playing devils advocate. 1. Vibranium is their key resource but I dont think its the only thing they can bring to the market. Their technology is so advanced that their soldiers have access to Stark level weapons so they have plenty to sell without vibranium. 2. I dont know if the comic clarifies but from the movie it seems that Wakanda is less of a country and more like a city-state so they probably dont have the same issues that a bigger country would have.
Hey hey. So I have all of one disagreement with this theory. And that is, the issue that Wakanda doesn't sell their vibranium. They are a closed economic system. IF Wakanda sold, then you'd be totally 100% right in every regard and thensome. However, as we see in the movie, vibranium is the backbone of their technology, all of which they keep to themselves and don't let out of the country. More to point, we don't actually see what kind of economy Wakanda uses. Are they a monetary economy? A welfare economy? A Moral Economy (a horrifying dark age/early medieval system when you think about it that is based entirely on maintaining people's social station by changing the cost of things based on their present social status)? A barter economy? Etc. Although several of your theories apply across the board, the way they interact changes based on the core principles of what system they are using. Your theory assumes a monetary capitalist style of economy, two things which we can actually reasonably be certain that Wakanda is not. I kind of want to keep ranting about this for a while and explaining my point, but I'm pretty sure these messages have a word limit which I would undoubtedly hit, so I'm going to stop here having made my point and provided at least enough information to look into the points further if desired. Otherwise, fantastic video, well researched and I love your work, keep it up. :)
Indeed! this was bugging me the whole time! I mean, as far as the rest of the world is concerned, Wakanda's only export is handicrafts. It doesn't eliminate their need to evolve, but it does kinda kill this theory. The country seems to be mostly socialist in the way it provides for its people, even with the monarchy, and Killmonger did indeed show the biggest flaw with the setup. Nevertheless, I enjoyed this video!
Great comment. I was thinking the same thing. To add to your comment according to movie Vibrianium has numerous uses in contrast to something like oil that has a limited use. According to Klaw, the Wakandans use Vibrinium as a metal, part of clothing, and as an energy source. He further states that they were only breaking the surface of in their research which had been going on for about 1,000 years. Essentially, all the needs, with the exception of farming seem to be supplied by the Vibranium that they mine. Also, they appear to have an extensive spy network that isn't known about and they have the technology that would allow them to get in and out of Wakanda w/o having to use international methods of travel. Essentially, it would appear from the movie that the main weakness they have is from Wakandans who are willing to sell them out of backstab their political system.
The problem here is: you think there is alternative. There is one: uru metal. And this one is not Earth-rare. It's entire world-rare. You can't replicate vibranium or uru metal. They are like nanocarbon and graphene but your Earth doesn't have any form of coal. The second thing: They are closed community. They don't sell vibranium at all. They didn't even showed up to the world until they needed to in the first place. They don't rely on money like we do. Therefore there will be no economy crash, because econony we know sorta doesn't exist there.
That moment when you are happy that matpat is talking about your home country (Venezuela) but also sad because he is using it as an example of a dystopian nightmare (and it is).
Some other people have pointed it out but the problem with your theory is that Wakanda is self-sufficient and has its own economy. The economies you mentioned depended on other countries buying from them but Wakanda is isolationist. Also Vibranium not only powers the entire city saving a ton of money, but it’s also not rare. They have a ton more and are not running out at all. [spoilers] the decision at the end of the movie to help the world was not at all an economic decision but a decision to help the rest of the world for countries in poverty and blacks across the globe so that all people would live better lives. It had nothing to do with a failing economy. And lastly Wakanda has a monarchy not a dictatorship. Not all Monarchies are great but there are good rulers every so often. It’s not like the power corrupts, they’re a ruling family, that’s just how it works, T’chala is not someone who climbed up the power ladder. He was always powerful.
He was saying realistically not literally..its a movie why would they make the good guys face a financial crisis ... ....nope they are not a true monarchy aka hereditary.... the leader can be challenged and dethroned. also ...so is Kim Jong Un not a dictator .???? he was never at the bottom ..he was always powerful? Power always corrupts...name me a single king that was solely good.
Though this is a great video, I just have to bring up the fact that Wakanda never exported Vibranium. Their trades was not solely based on Vibranium because they never traded it. Also another thing I noticed is that although T'Challa is the sole leader he has a council that helps him run the nation, insight on what his people need and what else he "should" do to better Wakanda. Third, when the one member of the council mentions the world is catching up, he doesn't mean the world is close to an alternative to Vibranium, since it is not a metal that is in high demand in the Marvel Universe, meaning that there would be no need for an alternative. Vibranium also seems like the element that everyone cares the least about otherwise Tony Stark probably would have a suit made up of it. Great video though!
As I said in another comment... it doesnt make any sense that Wakanda 'never' traded or exported their resource... Sure there's a lockdown on it in the modern age but here's a rundown on what probably happened. "The only way a fictional 'self-sufficient utopia' like Wakanda, which currently in the Modern age has a lock-down on Vibranium, could work, would be if in the ancient past it traded away or leveraged some of its vital resource (Vibranium) to then gain funds which would allow it to develop and harness the resources as a military resource. They would then use this superior military tech to subjugate and raid the other peoples and in return gain an abundance of other resources. That would explain why the axe from the start of the movie got out, why Stark and the Americans had some Vibranium and would explain why their monarch is an armoured, militaristic, war-god. It is also explained in their history where the T'challa clan (don't know their family title) subjugated and unified the remaining tribes. They've probably built their entire monarchy and dynasty on the exploitation of Vibranium as a military resource to just pillage and levy all the remaining tribes. Once they had enough resources (gold, precious metals, livestock, land) they can then cultivate and harness these resources to cycle up their society, funneling whatever profits into vibranium development so it no longer is a complete military resource... They now use vibranium for tech and infrastructure and can lock away the rest of this resource from the outside world... Their dev of vibranium now allows them to make a constant cycling of profits to benefit every industry and the profits go back into the society. All built on centuries of pillaging and war... Pretty awful self-sufficient utopia right there."
Yes, but Mattpat used his hypothesis as if Wakanda traded vibranium to gain other resources in modern times when they kept it in their own society. What you said actually makes the whole economy of Wakanda make a bit more sense so thanks for that but that would have happened in the past. Thinking that vibranium was traded to other countries to fuel Wakanda's economy was just a small mistake Mattpat made.
It's isn't really accurate to say they _never_ traded Vibranium. Cuz let's be honest, Vibranium is their *_only_* valuable resource. And we never really see how they provide basic needs for their citizens. To make things simple, let me ask you a question. How do they get food? We never see any huge factories, plantations, or farms that would help them in being a self-sustaining nation. So the only possible way is to buy imports. But how would they do that if there was no inflow of money? They can't. So now let's say that they do have money. Where does it come from? Their government provides everything from education to jobs. And someone else in the comments said that Wakanda doesn't need money because they made everything all for the sake of Wakanda's betterment and laborers never needed a salary. And that's where I call Cowdung. Their citizens don't need money and they refuse to trade their only resource that's of value yet they're so economically stable? That's like saying I passed all my college classes even though I was absent for an entire semester. It's impossible and absurd. So now, how do they do it? Through trade. Trading what? Their precious Vibranium. With whom? You may ask. We never see other cities in the Marvel Universe that uses Vibranium, right? Wrong. We know Cap's shield is made out of the stuff so it can only mean other types of defensive machines and weaponry have been made with this. We know that it's the strongest metal in the Marvelverse so it would only make sense that people will want it. But by who, you might ask again. Simple. The higher-ups. The people who control the productions of weaponry. The Government. We know that Vibranium has different variations and that these variations are found in isolated regions across the world. One variation that was even called "Anti-Metal" could cut through any known metal.So power hungry politicians are going to want to get their hands on this stuff because it would give them an amazing advantage should war ensue. And the same goes for the villains. This mineral would be able to give them the upper hand and finally the chance to succeed in their plans. Which in turn will make the Heroes also want it. Because they would need to study and reverse engineer it if they want to develop a metal stronger than it to defend themselves should any villain ever obtain it. And how would they do that without causing war? By buying it. And who can sell it? Wakanda. So, they sell small amounts of Vibranium at a high price and that's where there money comes from.
Maybe they sold it to Howard Stark? He got a small amount of vibranium trade goods. Also the random "relic" that was found in Black Panther movie. The one Klaw wanted to steal and sell. Clearly vibranium makes it way outside Wakanda either by purpose or by accident.
Wait a minute the is still the possibility that the nation has its own factories supplying the nation, considering that everything has a cloaking field and its not as if wakanda is the wealthiest in currency when the movie starts they say they say they have the lowest currency. Remember the end of the movie when the politician said "what can a nation of farmers do" this in itself tells us they dont keep the primary resources secret ie food resources. who is to say they cant farm their own shrimp in a shrimp farm if they want delicacies. Secondly who said meteors can only land on one country yes black markets would play a part in some exports but the more likely occurrence is that other smaller meteors could have landed else where in the world creating very small pockets of vibranium. What i don't understand is how can a nation be watching youtube videos( i say this because "what are those!!!") yet the isnt a country or youtube picking up the network feeds.
You forget one thing though. Vibranium isn’t Wakanda’s only major recourse. They just happen to be the only country with it. They also have coal, diamonds and uranium.
Also the use it as a source of power and protection not currency they plan on dispersing it to many centers around the world, not just selling it in an open market for the whole world to buy
Arguably this is the first theory I find major flaws with. Don’t get me wrong the majority of it would make a lot of sense, if we were to assume Vibranium was some sort of super strong metal or alloy that just could take a heavy hit. Sadly for the sake of the theory however, this isn’t the case. It’s stated several times throughout the comics and the film that vibranium as a resource is capable of extraordinary feats that no real material on earth can do. It heals, generates energy, and obviously is hyper resilient to name a few of its illogical abilities. However the theory focuses more on the market aspect of things, which is where the major flaw arises. Vibranium isn’t a resource Wakanda goes out of its way to make known to the rest of the world. Sure government higher ups and officials know about it, but as seen by everyone’s favorite Operative Agent Ross, the world has no clue Wakanda sits on this resource. Hell the entire United Nations believe T’Chaka’s claim that Wakanda hardly possessed any vibranium and that the suit is a rare occurance. A resource that, in and of itself, allows for a country let alone a continent at the rate they have it to remain hidden, self sufficient, and avoid the majority of the world even knowing of its existence. The theory revolves around the world relying on Wakanda to be the sole provider of this resource, however they don’t intend to provide it at all until the final minutes of the film... or the climax if you account for Killmongers plan. Due to this it’s an extremely safe assumption that due to the technological capabilities of Vibranium and the 5 tribes unified agreement to keep the supply hidden, T’Challa as the king is extremely likely to be a civil dictator in regards to solely focusing on keeping his country running and secluded, solely because the miracle drug that is penicillin- I mean vibranium allows for him to avoid the trade industry all together. Economic principles such as supply and demand can only truly take affect in a situation where a governments economic situation (like most of the world) relies on trading to gather resources necessary for life to be maintained. This isn’t the case in Wakanda, seeing as their monopoly is on a fictional material that literally just allows for every essential aspect of life to be fufilled through its use. It’s because of this that the movie even potentially has a plot due to the illegal trade of vibranium, that allows for a non-Wakandan to learn of this godsend of a country, and further attempt to distribute the goods in his later life. With that said, I’ll take my leave. I’m a proud theorist, and part of that role is debunking solely under the premise of making theories better in the future. Keep it up Matpat, I’ve followed you for what... 5-6 or so years now? And I’m glad to say I’ll be sticking around enjoying everything. It’s just that natural theorist in me saw the blaring flaw this time. :P -EDIT- A) wow that’s a lot of likes... sick nasty! B) before you go totally saying I missed the point of the video, I’m well aware this was also an extremely well crafted PSA for faulty journalistic processes not displaying the truth of nations in our real world, I’m all for it. My point was that while the connection is there, I definitely see this as a power play for the black panther label so that it hits trending (which is absolutely logical and I commend Mat for his systematic understanding of how to use the system to his advantage) but as a fan of the material he’s talking about, there are more accurate fictional scenarios to use other than Wakanda to create the point.
Hi! I am beyond amazed at the amount of time you put to make this reply! As a long time theorist myself, I was kind of disappointed in this one for the exact same reasons you stated and was about to comment something but I felt no need for it after I saw what you wrote. And unlike a lot of people here on the internet, you took the responsibility to fact check and put together a compelling argument, well structured and above all, polite! Keep it up! You are amazing!
Someone hasn't been paying attention AND hasn't tried to think outside the box on this one. It's been established that Wakanda doesn't sell any vibranium, and can create technology that is literally centuries ahead of the rest of the world. Using this technology, it is easy to assume that they have such efficient monitoring that virtually no vibranium escapes to the black market, which is why Klaue was so proud of being the only person to have seen Wakanda and stolen a tiny bit of its treasure. And it has been established that the capabilities of vibranium are far beyond that of any other material; it has no substitute. Wakanda has prospered and its people are very well-educated and modern, and Shuri is considered the most intelligent person in the world, so it is also not crazy to assume that the head-start provided by such technological advancement would result in her creating a substitute for vibranium first, if its even possible. Adamantium is probably on the way, so it's likely to be the closest substitute for vibranium used in the same manner as Captain America's shield, but vibranium has been repeatedly shown to be far more versatile in application than just as a strong metal. Adamantium has not. As for how the country prospers...there are countless ways. Wakanda has futuristic, magnet bullet trains with sonic dampers that can actually cancel out the properties of a metal somehow. They have technology that can heal almost any wound. They can fly jets remotely using VR, and even communicate with and control wildlife. They can even harness and manipulate kinetic energy into pretty much anything they like. Perhaps they have unlimited sources of renewable energy because of this. Perhaps vibranium-based machines can process metals and other materials to sell to other countries. Perhaps they make and sell oil or gold using middle men. Perhaps Wakandans can literally create food, and pretend they are just conventionally farming or producing. And while their technology does all the heavy lifting that other countries must deal with, Wakandans can study, train, and travel. Given that they have several undercover expats, perhaps they are profiting this way. The best surgeons, lecturers, soldiers, political advisers, and industrialists of the world could easily be Wakandan, and accumulating wealth that eventually returns to their homeland. After all, Killmonger was easily able to hide his heritage and be accepted as an American, and he made a name for himself at MIT and with American special forces. Long story short, there are a million ways that Wakandans could theoretically use their magical metal and profit from it without selling it to anyone, or compromising their generally isolationist stance. Unlike other countries, a monopoly on vibranium could lead to vast amounts of virtually any other resource, which means that Wakandan rulers have had it pretty easy when it comes to dealing with the needs of their people. All they have really had to do is maintain secrecy over their methods well. I like your theories Matpat but this one was poorly thought-out.
Too bad the message of the movie is that "You can only be successful if you live in a fairy land where magic exists, or if you get a good roll on the Dice of Intelligence"
just one question ive been reading about what happend in venezuela and from what i understood the problem was not the price of oil since their were economic issues way before the price crash
loren wood So the impact of the situation right now in unrivaled. Yes the reliance on oil has been an issue since the late 20th century but the reason why people are eating garbage on the streets is due to the corruption and incompetence of the current regime, which is also a modern dictatorship disguised as the so-called "Socialism of the 21st century".
The local population is dependent on government handouts to survive. That is a free choice that requires submission and brutal control. This was done through apathy and sloth of the adult population. Just like the US is becoming, beggars who require another to wipe our ass and feed our children.
アップルパイ who the fuck said anything about becoming smarter they are talking about if Mat says game theory instead of film theory wrong place and it is kind if sad to brag about being smart when anyone can search up anything who cares if you are smart it's more about the people who are hardworking because there are a shit ton if people who are smart so is it really a bragging right if you haven't made something of yourself
1 thing that seems wrong, they dont seem to rely on external economy. They farm their own stuff and mine it and have their own science division. They rely on an internal economy not the money of other countries.
But... the Wakandans never traded vibranium, the only way other people got it was threw finding it accidentally or smuggling it out. The world didn’t even know Wakanda existed until a few years ago. And everyone that it was poor. They’ve kept to themselves and all economic structure is in that country, not reaching out to any country. They also have more then one resource: technology and intelligence
Well... at the end of the movie, Wacanda decides to share their technology with the other nations so what Mat is trying to tell might happen after the end of Black Panther 1
He assumes wakanda's only resource is vibranium but never does anything to prove it and if you took the time to look at all the things they have in the movie it shows undeniable proof of materials like straw, wood, electricity which means coal and water, planes need materials like steel, silicon, gold for their electrical parts. Also they have explosives which implies gunpowder or other forms of explosive materiasl.
Yeah, but the real problem here is who is Black Panther going to take on for the sequel? Because all three of Black Panther's enemies are clearly not going to come back. Spoiler: Klaw/Ulysses Klaue and Killmonger died, and the White Gorilla (M'Baku) is now a good guy or ally of T'challa. Or will their be no sequel?
Jordan Thompson well no but we were learning about the basics of supply and demand, this video just gave me a perfect example on what it looks like when there’s too much surplus in one given area
Actually, it was never said that Wakanda is Rich, just technologically advanced. They also say in the movie that it can be used as a power source, that's why they have the technology. And they kind of elected him, they could challenge him. Also, we don't ever see what the other resources are, we don't know how much they have.
They have great technology, access to safe food and water, education, and health care. They're rich. You gauge how wealthy a country is by their quality of life
😋A confirmed theory! That's awesome. But the events in other countries is still really tragic and I hope we can prevent things like that from happening.😔
That makes no sense. Wakanda doesn't rely on the vibranium like countries rely on oil. It doesn't sell it. So no money is made from it. The country also appears to be 100% self sufficient. There is no reliance to other countries for resources or food and that seems to be happening for more than a thousand years (that part alone makes the country more fictional than the vibranium itself). The technology it posses alone is the most advanced on that fictional version of earth. The profit the technology alone could bring should be hundreds of times higher than those of any possible vibranium sales. Do we even know if money exists there or everything is provided for free to everyone and work is just a hobby/duty?
that's what I was thinking, sense from the first Cap America movie till Winter soldier, Cap's shield and bucky's arm seem to be the only vibranium material outside of Wakanda. "because Science" did a video on how much the vibrainum in Wakanda is worth in the MCU. Also, the type of economy you talk about where everything is free so to speak is kinda like the economy of the Star Trek universe. with unlimited resources/energy, no one has to work but they choose to.
Their economy seems to be completely reliant on nationalism. They work because they love their country and love their king. Now, I dont know if there is a currency system but Wacanda(I don't know how to spell it) is just supposed to represent a oasis that is kept away from the outside world in a fictional movie . This theory was putting Wacanda( I really don't know how to spell it) it a sense of the real world. @Mank Demer, if you want to ask why their work is their duty, then you'll have ask the intentions of the directors of the Black Panther since you clearly missed the point of the original comment.
Uzumakis sorry but that is incorrect, the movie uses many facts from the comics and even scenes ripped straight out of them and in the comics it specifically states that wakanda makes it’s money from selling very small portions of Vibranium for lots and lots of money to buyers they deem worthy of it which for thousands of years they have used that money for The technological advancement of their country which makes it the most wealthiest and technologically advanced Country in the world for those reasons.
This was recommends, and considering what recently happened, I'm beginning to think that RUclips knows when and what to recommend sometimes. Rest In Peace Chadwick, you were a great man and actor
I watched the movie once so I don't know if I'm right about this but I don't think it ever said they sold vibranium and I think that there rich because they used vibranium to make advanced technology
It actually works either way. They appear rich because of their advanced technology -- but they're not that advanced anymore and will soon be outpaced by everyone else, while simultaneously have tons of an ore no one cares about any more. So they couldn't trade in vibranium and they couldn't trade in technology. Which, again, they may decide to continue to be 100% isolated, but they wouldn't be a relatively advanced or wealthy country anymore.
The soundtrack was amazing for Black Panther. *Was hoping for a theory about Wakanda's huge mountain of vibranium being related to the last infinity stone tho.*
Honestly, I think lore theories are more interesting. While I enjoy the math and science behind games and movies, it's hardly something I wonder about. I'll still watch and somewhat enjoy the theories, but they don't catch my interest like narrative hooks and allusions.
Well when it comes to lore MatPat often hides evidence in order to make the theory work I don't think he does it with bad intentions, probably to make the show more entertaining since that's the point Also lore theories are everywhere on RUclips, the science in the fiction is much less common and thus ends up being more unique But you are entitled to your own opinion, and you're allowed to like his lore theories better MatPat seems to agree with you recently as he gravitates more towards lore theories Meanwhiles people who like the science theories better we now have Austin so everyone wins!
I don't pretend to be some economy expert, but I think that you might be missing the point - Wakanda doesn't have a connection to the outside world, therefore their economy is a self contained system. They don't need to sell vibranium to the outside world, because they have everything they need in their country' and the vibranium satisfies all of their technological needs.
And in a few words you destroyed this video, he also seems to be overlooking what money actually is. It's just a promise of an exchange and since the rest of the world thinks Wakanda is a third world country they're not particularly bothered about trading
Yeah... I gotta say though, his recent theories are not as good as before, although I can't really pinpoint where the problem is. Oh, and also it really annoyed me that the entire video was basically capitalistic American propaganda, but that isn't really the matter.
Attai Lavie It's like he just wanted to throw a video out without putting the effort in he used to, current economies are all boom and bust because of Neo Liberalism, I have a degree in this stuff 😂
Here's a problem with this video: Unlike how Venezuela has to earn money from oil exports, Wakanda does not sell their vibranium on the global market to earn revenue to reinvest into their economy and help their citizens. No one even knew they HAD vibranium, much less sold it for money. (So they don't really have to court trading partners like you mentioned) Instead, they KEEP the vibranium for their own country and use it to improve their healthcare system, transport, information and communication technology, infrastructure - all of which the citizens would benefit from, and it doesn't take a "miracle" for the leaders to know the citizens would want/ need these things. No revenue comes from SELLING the vibranium outside, but these benefits are possible because they are USING the vibranium inside the country. The problem with the comparison between oil and vibranium is this - you have to sell oil and get money to reinvest into infrastructure, tech, etc. But vibranium is far more versatile than oil - you don't have to sell it, you can just USE it. And clearly the Wakandans have done just that. Several of their industries, such as healthcare, construction, and technology, have been revolutionised not by extra monetary investment, but by using this extremely versatile vibranium, which there is no shortage of in the country. Their economy isn't based on vibranium exports like Venezuela's and Saudi Arabia's are built on oil exports. Their economy is clearly diversified, with booming technology, manufacturing and agriculture sectors for example, which are not dependent on revenue from vibranium sales, but supported by using the vibranium metal itself. Bottom line: It's unlikely that Wakanda will face economic collapse if the vibranium price falls, because A) they never got revenue from exporting it anyway B) its usefulness will still hold, and they have a lot of it to use
Tracker Nivrig, this doesn’t excuse him for not reading the comics which were here for decades. Lord Kitten, thank you, I thought no one else realizes that
the space station with ben and friend's That’s because his theory is flawed since it works under the assumption that wakanda is a capitalist society but it’s not
Angry Theorist here you say all that but you forget that Wakanda has been at it for years literal millions of years so I think they have a working strategy but then again it's MatPat so you can't really argue keep up the good work my entire family is subscribed to all Theorist channels 🎉🎉🎉
Also, how have they sustained their economy so far without selling the vibranium to foreign countries? Can their economy boom and survive if they only use it within their borders?
A country can be self-sustaining quite easily so long as it has access to all the materials it needs to thrive. Vibranium provides both a powerful versatile building material and near limitless clean energy source so those are two major factors covered right away. The effect of Vibranium on the land clearly states that it made it far more fertile which makes crop farming a breeze so long as its farmers know what they're doing and we know for a fact they're well adept at farming animals. In fact being a country of sheep farmers is literally the cover that the country uses. So food, water, energy, building materials, and technology materials are all provided right within Wakanda's borders. It's reasonable to assume they have a functioning internal barter/money system as well for trade between tribes since each one clearly has a speciality. Really the one and only thing that they might be lacking is genetic diversity but, considering they have several tribes presumably with well over a hundred people each even that probably isn't an issue.
@@CouchSpud91 Do basically the only plausible way Disney thought a African state could be self sufficient and successful is with a magic metal that can withstand literal magic and only the good ole boys in wakanda got it?
Wakanda has been self sufficient for centuries. They never said they were going to start to sell Vibranium. They said they’d share their TECH. That’s a difference. They’ve never sold Vibranium, so it’s not a source of income for the country. Also since they’re THE ONLY ones who have it you can’t compare it to oil. There are other places to get oil. There is nowhere else to get Vibranium. Your theory is based on Wakanda having to sell Vibranium to support their economy, which is something that do not have to do because they’re a self sustaining and self contained economy.
@@thuglifebear5256 Easy you sell your technology. Apple sold computers I touch, IPhone, and IPads. They didn’t sell thier code. Wakanda can sell communications devices and other such tech. While they use tech? They don’t have to sell vibranium. The same was Tony sells Stark Tech but not Iron Man armor.
That actually makes it worse. Isolated societies lead to stagnation and eventual regression. This was observed in the Tazmanianians. They regressed after losing contact with the rest of Australia. Japan and China also stagnated because of isolationist policies.
joe BONES Japan thought they had everything they needed. Also, even if they have everything they need, they do not have everything they want because humans have nearly unlimited wants There is no such thing as a utopia and there never will be.
He explains it like if Wakanda's economy runs by selling vibranium but that's not true. Vibranium is not only valuable because of its scarcity but because of its broad application. According to the movie, Wakanda uses vibranium in all form of technology. The biggest difference between Wakanda and Saudi Arabia is that Saudi only sells oil but Wakanda uses vibranium for medical, technological advancement. Wakanda should be compared to the US, a country with one of the largest oil production but also the biggest consumption.
Emet Dara why the fuck dose he do post script shit it’s stupid it shows that he isn’t able to put the time in to perfecting the script that’s written for him and edit a video so everything inside of the original video except put together well
But one problem... wakanda does not SELL vibrabanium but the directly use it for industries like making technology to help the citizens. Like the movie states, wakanda does not take part in international trade
"large portion of Wakanda's industrial output was the manufacture of surveillance and security devices to protect the Vibranium mound." More on Marvel.com: marvel.com/universe/Wakanda#ixzz5Ch9Nav72 Wakanda selling weapons based on alien tech and material such as vibranium ?
The point is that vibranium is soo good that you don't need to trade with other countries. Wakanda does not need to actually have money from the outside world to run.
if thats the case then wakanda could not actually exist, thye size of the state combine with the fact that even africa does not have all of the worlds important resources means wakanda would never work to begin with, why do you think Europe loved colonialism so much, it gave them resources
Yes but your missing the point that vibranium made up for everything they lacked. Its just that good. They don't need all those things they would normally need because they have vibranium and have overcome conventional wisdom with it. Those important resources don't matter to them.
last i checked vibranium is not a fuel, it also is not a construction material (those shiny skyscrappers gotta come from somewhere) nor is it capable of making glass, now one could wave that away for just "because" but wakanda would not be possible as a real nation, period, the closest to wakanda that exist (in terms of foreign policy and size) is North Korea, and we all know how well that country is. Wakanda has neither the land area to feed a sizeable population, nor the resources to get where it is, if it where open to world or even local trade (using local countries as proxies) then perhaps, otherwise it is just pure "need to explain why this hasn't existed before" retconning
(Spoiler alert) Nah nah. Killmonger didn't do it legit as the challenge was not complete. The only 2 ways out was if T'challa died or gave up. He didn't do either so the challenge was still valid up until Killmonger died in the end. T'challa is still king.
However, in defense of Killmonger, most people Killmonger included though that T'challa died and it's only when T'challa comes back to contest Killmonger's autority that the big civil war erupts.
Evil villain list #56: i will make sure my slain enemy is cremated or at least have several rounds of ammunition pumped into them, not left for dead at the bottom of a cliff or cavern. My celebration will also be held once their death is fully confirmed.
Good video, one problem. In the movie, it's never stated the Wakandan economy is reliant on the Vibranium trade. 99% of the time, their economy is entirely self-contained, and this assumes that all the Vibranium the Starks got throughout the timeline was legally bought. Macroeconomics isn't a problem for them because it's not even a relevant factor.
all of their technology is based upon vibrabium... even if it was an entirely contained economic system the Macroeconomic theories in question would still apply.
Hey! Venezuelan here. This made me cry for multiple reasons: 1.- The fact that someone is actually factually reporting on what happens to us and in some ways, this has been more through-rough than a lot of journalist.
2.- Because it reminded me of exactly how bad this is, with no end on sight. :(
Just to fact-check/expand on context: Venezuela did have a real, albeit imperfect democratic system from 58-98... The year we elected that asshole Hugo Chávez. And to be fair, plenty of people-both local and immigrants- profited: there was more social mobility and the opportunity to study, get good jobs, make a living, take care of your family, etc. Venezuela was much like the US, a migration magnet.
And food scarcity started in 2007: milk was one of the first things to go. The thing is that because of the high oil prices is like they could keep cooking in spite of a gas leak, but eventually you rub out of gas.
The thing about controlling of the 1 resource=control of the population is true. Is like how abusive partners will try to prevent their victims from having their own money or take away any income they generate so as to keep them subdued.
The Venezuelan government is responsible for people not finding food, but they will SELL you boxes of government selected food for you. So, also Maslow’s pyramid: you keep people from being able to protest because they’re relying on that food box you sell them. And government officials are the ones who import that food and make money off of it.
Saludos Camarada!! Jajajajjaja, jodiendo, maldito maduro. And yeah, finally someone famous in pop culture and stuff that talks about most of the issues that happened in our country, shit happens. And yeap, I feel like we should actually say that nowadays a common person gets less than $3 a month, what a shame.
Another Venezuelan here!
The acknowledgment of our shitty economy made me happy but mostly sad. I miss the country I used to live in. I left a year ago and I know whatever country I left is not the same place.
It is sad to know that everyday the situation gets worse and worse, the price of the dollar is stellar and people depend on the food the goverment gives... Presidential elections are coming and guess who's gonna buy votes with food? There you go, like an infinite paradox
Un abrazo desde Mexico. Fuerza Venezuela!
Vanessa Marcos TChaka invested in knowledge sent his best students across the world to the best universities so they had stocks, bonds and patents up the wazoo when the vibranium went inert in the comics I’m guessing Maduro didn’t diversify and taxed every industry to subsidize foreign oil extractors who rent the oil wells? I’m not sure how socialism works cause it doesn’t.
Worst super villain name??
Never heard tazerface?
Big Wheel
BIG DIX
its from gardians of the galaxy 2
I think Mat meant ‘major villian’.
Lol
If vibranium is nearly indistructible...
how do you mine it
It was a meteor they just had to melt it into a different shape
@@angelarzola2438 that doesn't solve the problem. Melting is just the application of enough energy until the materials constituent particles have more kinetic energy than structural bonding energy. If you can melt it you can break it.
@@DeHerg yes but what I was saying is isn't melting much more effective than mining with tools and stuff?
@@angelarzola2438 In terms of both cost(money) and energy efficiency: no
Energy: breaking just a few bonds to extract a lump of material costs less then effectively disassembling the entire lump.
Cost(money): the higher amount of energy required to melt is still more costly than the expenditure for replacement tools.
The latter might change in the future depending where technology develops.
Although I omitted a little caveat: In the real world we mine ore not the refined metal, so we melt it anyway in the process. However melting it once(refinement) is still cheaper than doing it twice(mining+refinement). If we developed a technique that combined both steps in one that could change aswell (although again that's unlikely to happen due to the additional problem of heat conduction through the ore vein(melting a part would needlessly warm the rest of it, which is energy wasted))
@@DeHerg ahhh okay thanks for the clarification
Rest in Power.
Wakanda Forever
RIP Chadwick Boseman
Wakanda forever RIP 🙏 😔
Wakanda foeva
WAKANDA FOREVA RIP
I watched this video 5 years ago and it was my first real exposure to economics. Today I just accepted a master's candidacy for development economics. Film Theory literally changed my life ❤
Good Job!
Ultron’s body: exists
Tony: WHY IS THERE A BILLION DOLLAR CHARGE ON MY CREDIT CARD ULTRON
Itsthepips 0710 thats like 1% of his money
Aint Ded you didn’t get the joke
G G not really
That is like less than 1 percent of the money
Zodiac Summers he’s a playboy billionaire that’s at LEAST 1% of his money
R.I.P. the king, Chadwick Boseman. WAKANDA FOREVER.
True
We all know he died not to sound like a rudeass but get over it
@@professionaltaxevader2699 no. Some people are very hurt. U need to respect that
Wakanda not forever:(
@@brianrivera7889 Nah. wakanda forever tf
Matpat: Tony stark is trying to replicate the vibranium.
MCU: not if I have anything to say about it
I convinced my 4 year old marvel obsessed cousin that I have a beach house in wakanda
Wakanda is a land locked country with no major lakes as seen in the map in the movie.
edit: r/whoosh myself
MichaelBFDII wong its a fucking joke
@@michaelbfdiiwong523 Wakanda Actually has and underground sea bed which lies beneath the mountain range and all Wakandan underwater tech testing takes place there.
@@but6531 calm down bro
MichaelBFDII wong r/wooooosh
Killmonger is the worst villain name in the MCU?
Tazerface: am i a joke to you?
Red
Skull
Games for Glory taserface is worse.
Wasn't really a villain tho old tazerface more like comic relief
Stolen comment
Malekith
''We see Tony Stark in his lab trying to replicate vibranium!''
*1 Avengers Endgame later*
Welp there goes that fantasy.
Tony has a daughter and if a she is like her father and grandfather then she will make something
Only if she is like them
And Peter Parker is also there to help her or do that himself
@@SV-xo3rt you know that sad oil and run out are human fear being replaced by AI high-tech futuristic technology highly advanced technology and nanotechnology automation and human lost his job protested
@Ashaz Mulla man some people still haven't seen the film
But that nano teh stuff was hella dope
@@enderscythe Well that film was released a year ago,if you have not watched it is your fault
“No shortage of sand”
Global sand shortage: allow me to introduce myself
I was searching for this comment. Actually sand shortage is a huge problem and there are many places in the world we people suffer from criminals illegally harvesting sand and destroying whole costs and ecosystems. Sand is actually the second most used material in the world. Right behind water. This is because it is used in the worlds most human build thing: concrete.
never knew that was true
@@GuerkHD this is only half correct, the sand shortage is beach sand, not desert sand for example. sand for concrete can only be used if its from a beach whereas for fiber optic cables it can come from the desert. this is due to the fact that sand eroded by water (beach) is more angled and thus sticks together better making better concrete. the sand used for fiber optic cables can be from deserts as it's melted and it's form is changed.
@@finlayjones714 You are absolutely correct. Thanks for specification.
Yes! Soon there will be no more sand!
Thank you matpat for bringing the issues in my country to light truly thanks for the spotlight about what's happening in Venezuela
luis kat how do you afford internet
luis kat what nigga?
THE BLACK MARKET XD
+Rise abovethehate Thank you, matpat for shining light on my countries issues. Truly.
R.I.P. Chadwick Boseman
Your memory will not be forgotten.
Wakanda Forever
Wakanda Forever
Wakanda forever
Wakanda Forever
Wakanda Forever
Hello everyone, a Venezuelan here, one that can not say anything also than thank you for Matt Patt for creating awareness about the current situation of my country and telling everyone how is that we actually live here (with the exception of the government and what we call “enchufados” that are corrupt citizens that gain money and power by supporting the government)
I’m 17 years old high school student about to get graduated, and I can tell you that I’m going through one of the toughest moments of my life. I’m actually lucky to be part of the 10% that is able to eat properly and have a good education, but those little things have costed me a lot. A lot my family moved to other countries to try in finding new opportunities and a better life, and I’m not going to be the exception of that case.
My mother actually moved to Panama to get a better job and a better life being broken hearted by the fact of living her son behind so I could finish my high school years here with some of the friends that have stayed. It has been really difficult for her, but because of all the effort she is putting to her job she is able to send us money every now and then so grandparents and me can eat properly every day. Not having my mom around have changed my life a lot, but that’s not the only thing...
All public services in this country are absolute garbage. I can barely have WIFI and even getting water in your house is difficult now a day, to the point where there are some days where I can’t even take a shower or wash my hands.
All this has also affected education in general. Both schools and universities have a shortage of teachers. There are no teachers now a days, I’m in my school currently missing two teachers in two different subjects, let it be because the salary was not enough or because they simply moved to another country. And you can seriously noticed the downgrade on the educational system all around the country.
There is also the insecurity. Venezuela currently have some of the most dangerous cities on the entire world. You can even see that most of the cities of the top ten are form Venezuela, being Caracas (the capital and the city where I live) the most dangerous city in the world. Getting killed, or rob or kidnaped is the most common thing in this city, it’s something that simply japonés all the time.
You have now idea how strange it feels to go to another country and being able to actually take out my phone without being worried about someone coming to me with a pistol and saying “give me your phone”
You may be asking yourself “if you have family outside the country, why you don’t go live with them”. Well, it’s actually not that simple, but getting out of this country is definitely my plan. As soon as I finish high school I will try to get an scholarship and leave this country as I can. And you can see that this is what most professionals are doing, because....
There is no future here, there is no improving , there is no normality, there is no opportunities.....
We Venezuelans don’t live, we survive.
Skrilbot ,👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾 *Slow claps*
Alany Walany wow, you really don’t know how is things work here. The owners of the stores don’t hide the goods because, first of all, the are not any goods to hide, how do you hope to even put something on the shelves if all the fabrics are abandon and al that we get is imported in dollars, dollars that of course not everyone has.
Also the government put regulations on the products that are of necessary need, take harina pan for example, the government says that every store should sale it at 70 thousand Bs. but the real price is 250 thousand bolívares Bs., so how the heck is the store and the owner and the fabrics supposed to produce and gain anything if they are literally losing money on every sell. So that lowers the production, makes the companies that offers good and services go to bankrupt and so as a result you have a shortage of everything and one of the biggest inflation of the entire world. And that’s just the tip of the iceberg
And also, I will like you to at least inform yourself about how is that thing actually work and what is really happening in the country before you do some comment like that. Because it really pissed me off reading such a none sense
You had enough money to buy the phone/ computer you commented on
We HAD MONEY, this country WAS great. Now a days things has changed, Only a few people has access to food daily imagine buying a computer or cellphone. You do not know what it is to live here and not be able to do anything. Seeing people sell everything they have to leave the country and have nothing somewhere else. Hearing news about people killing them self beacuase they have nothing to sell so they can leave the contry for a better life. Having to work since you are very young not to afford college but to afford existing because food is the only thing you will be able to buy if you are lucky. You do not get to judge us
I learn more from one video from you than I do a week in school😂 plus I feel what you talk about in these video tend to be more factually correct than teachers and you address real problems in places that can tend to get overlooked in episodes like this
Mentioning Venezuela made me happy. I dont really see people mentioning Venezuela anywhere so it's good that some people do realise whats happening.
I wasn't even aware of the situation, myself.
Jonathan Williams thats exactly what I mean! Don't get me wrong it's not your fault it is the media giving more recognition to something like tide pods instead of a very sad problem in a country like Venezuela. It is my home country which is why it makes me sad but if you would like to know more about it try searching clips from 2017 and search about Oscar Perez (first example I can think of)
I have a friend living in Venezuela whom I met before the country went under dictatorship. The woman gives me a heart attack every time I hear about the police throwing a tear gas bomb in the middle of the subway
Hufflepuff F
Agreed.
You’re forgetting one thing though. Wakanda has been majorly isolationist for centuries. By that logic they would have the economic foundation to survive even when international trade stops
Exactly..like wakandans aren't even looking to trade anything. Vibranium is their way of life
exactlly, They never relied on internatonal trade, which means that, logiclly, nonexistent-International trade stopping wouldn't affect them
Gonna be honest, totally forgot about Tazerface until right now. But I gotta agree
@@argo1016 well id say that we dont know for sure they havent been working behind the scenes all those years. and if the comics are looked at, general wukandan life isnt actually that good, there is alot of things that are bad for many people. But just talking MCU, there are some other big problems. Wukanda isnt presented as a rich country, a majority of the people are basic workers and farmers, the country doesnt lean on wealth as an important factor of life, and they are protected by their tech from the things that other African locations deal with, namely, conflict.
That said, as climate change happens, their way of life is impacted heavily, and a country that lives primarily through agriculture is severaly at risk. Further more, the rest of the worlds is actually fairly close, i not already able to, with the help of allies made with space travling races and...norse gods, obtain either vibrainum from off earth locations, or infact, stronger materials we have seen in the other movies, and more advanced tech seen in other movies. Their military might is mostly stagnet, and frankly pretty lacking stratigically behind even modern weapons, let alone the power of what off world tech is bringing to earth. In ten years time, its entirely possible Wukanda wont be able to fight this agressive rise in tech other locations can bear on them.
@@OpticalShadow It may be true that extreme technology comes into play, but, As we've seen, the norse gods have mystical artifacts, and don't delve into technology too much. In fact, excluding their artfacts, (which btw were commisionend from a race of dwarves who are now almost all dead) They seem to be middle age tech at most. As far as all the examples go, wakanda is still the most advanced, (technology wise) in the series, with potential growth being made apparent by the "what if t'challa was star lord' episode of What if
It's true that as technology advances, the old wakanda may be eclipsed, but Wakanda is no stranger to technological advancements themselves. Not to mention, with the plot device that is vibranium, it wouldn't be so far fecthed to assume that wakanda could solve global warming on a small scale like their country.
"Killmonger is the worst name-"
DC:
Calender Man!
Calendar Man is timeless!
You can say that again
What are you talking about calendar man is the coolest villain since thanos
What about condiment king
@@spino-ace Calendar Man is timeless!
5:20
But with great power comes great responsibility.
Wait, that phrase doesn’t exist in the MCU.
Not true anymore
Ehem* worst villain name is still Tazerface
C Blings that is the greatest
Actually, its TazeAFace, fyi ☺
C Blings Yep
I thought he named himself the punisher after a Few months after watching Homecoming...
C Blings haha lol
Yup agree
Shuri is wakandas most valuable resource everything she does could be a multi billion dollar company.
Imaging if your country tech depended in the teen sister of the King
paco ramon I mean she is a super genius and has the resources of the entire country at her disposal, she is the best person for the job
human is trying reaching goal unemployment 100%
@@pacoramon9468 I would probably trust her if she hired a good PR person 🤣
Wait, wasn't it a secret that wakanda had all of this vibranium and that means that they weren't selling it? This would mean that the economy isn't based upon vibranium. Correct?
Da Sherman Gamer
Third party.
Da Sherman Gamer exactly
Correct sir!
It isn't just Vibranium they're not selling, they just don't trade with the outside world.
Da Sherman Gamer they don't trade with the outside world at all. Everything they have is from themselves.
This was recommended to me at the worst time😭
Rest in power, king
Janny de Boer no one cares
@@voidvoidgang4614 did somebody wake up on the wrong side of the bed? Mah man was just giving his condolences
Edimations ikr
@@voidvoidgang4614 You must be very unsatisfied with your life
ummmm excuse me worst villain name? taser face????
Chidgeroo Hahaha! Gets me every time
That's the BEST villain name!
bahahahaha, HEY Taserface strikes terror into the harts of anyone who hears it!!! :O
The man who can climb anything.
Yeah!
"Every second of breath you take is enough mercy from me klaue"
That was such a badass line.
*ok*
The Real Michael Garcia ikr
The Real Michael Garcia , I didn’t remember that one
Wasn't you just on hishe reviews
?
This is a great video, but it has a huge foundational flaw. Wakanda doesn't actually export vibranium lol. Also because of Wakanda's historical extreme isolationism their economy also isn't really based on trade at all. Remember they were considered an impoverished "third world" country by the rest of the world. Very few people even know that Wakanda is the source of vibranium. The black market on the stuff is certainly booming, but besides simply wanting to recover it just to keep it out of other's hands that isn't really a problem for Wakanda or the Black Panther.
Until the end of Black Panther, when T'challa reveals the secrets of Wakanda
Also the entire black market of vibranium was the amount that Kalue previously smuggled out, that Ultron got his hands on. Wakanda was an entirely self sustained domestic economy. If anything, they're probably ruining their country by letting the rest of the world in.
Aha! Now I don't have to make this comment. Yeah, they're entirely self-sufficient; trade doesn't matter to their economy in the least.
Alec Joseph u
Yeah, wakanda, even at the end of the film, isn't an exporter.
I will never get tired of MatPat's animation style for these vids. It's too adorable and too stupid! I love it!
Killmonger is not the worst name in marvel movie history, that award goes to taserface
Lol
Ayyy
@MatPat please give this man a heart on his comment
So true
Ha Taserface, more like Scrotumface
>>See this video
>>Realize that marvel just got rights back to X-men
>>Realize that means Adamantium can now be introduced to the MCU
Oh shit
*Adamantium
Adamantium is part-vibranium.
*Adamantium
ArchWizard CJ damn cj is on that grind marvel,for honor,what's nsxt
anamantium iz te bhest ting eber
Ummmm.... MatPat? I’m a huuuge fan, but I need to point out something here. Vibranium is NOT the reason why Wakanda is wealthy. While the characters may claim it is, it can’t be true. It was mentioned multiple times that Wakanda never exported Vibranium outside of the country (except possibly the material for Cap’s shield), which means that all of the Wakanda’s wealth must have been gained from separate exports. While the sudden exports of Vibranium caused by T’Challa opening up trade at the movie will probably ruin the economy, I’m not sure that it will happen exactly as you predicted. Again, I’m an absolute fan of Game/Film Theory, but I felt this had to be mentioned. In the meantime, remember that’s just a theory, A FILM THEORY(critique)!!!!!!!!
It will only ruin it if they provide it all at once instead of keeping it a secret and selling off small portions at a time. Instead they can focus on exporting technological advancements continue being self sufficient.
(Spoiler Warning!!!)
That’s a very good point, however, we know from the movie that T’Challa has no intentions of keeping Wakanda’s Vibranium reserve secret and making small trades. He says at the very end that Wakanda is prepared to share it’s knowledge and resources to the world, which includes the sharing of Vibranium economically in international trade.
Great point Matthew 👏👏
If anything it's Incan style command economy which was actually rather effective and worked pretty well
According to Ross, the only Wakandan exports that he knows of are things like sheep and textiles, with some vibranium that he thought was completely stolen by Klaue.
Killmonger wasn't actually a "legit" king like you said though. They say it in the movie, T'chaka didn't die, and he never yielded. T'chaka was the king from the coronation ceremony in the beginning of the movie to the end.
Edit: Yes, I am an idiot. I meant to say T'Challa, not T'Chaka
How is killmonger the worst when we have Taserface
Jthon
I'm sticking with Paste Pot Pete.
I think “touch em 2 times tommy” is scarier
Jthon you haven't met squirrel girl then.
Jthon make me.
Srodum hat
I just really need the pants.
laughed so hard at this
Aaaand we're Italian for some reason.
Y I need potwatos and bomds
Me too aaaannnnnnddd we're Italian fo some reasons
Moral of the Story: Diversify your economy. Keep an edge in the global market and keep an eye on research.
Neo Machine DEATH TO GLOBALISM!! WAKANDA FOREVER.
Trollerjak the Tyrannical God-Emperor of Trolls Isolationism is retarded
Globalism ruins lifes like cancer.
Moral of the Story: ethno nationalism works
In the comics, wakanda actually does this, diversifying their economy.
“Killmonger is the worst mane”
:Reverse Flash has entered the chat.
I was really surprised at how educational and fun this was actually to watch. Thank you!
And, sad as well.
mee to like wow congrats matpat slow clap slow clap
Is Killmonger really worse than Taserface tho?
Rakoon Shampoo nothing is worse than taserface
Don’t you dare dis my man Taserface
What about Kilgrave?
*T A S E R F A C E*
taserface was for a joke though
1:06 Tazerface is worse than Killmonger
WellOwlBe but that was a deliberate bad/funny name where this one is just bad
At least Tazerface was ironic.
WellOwlBe taserface was amazing
I have no idea what you people are talking about. Both names are phenomenal.
I wish they just referred to him as Erik, which is his first name. Not exactly a villainous and menacing name but I think it would suit him well to be honest.
MatPat already teased food theory at 16:58 (edit: what could the blue mean? Mabye music theory)
That sounds cool
@@Ueiksg He said in, I forgot what video, but in one of his film theory videos, he said music and meme theories will be in TikTok
The blue and yellow have to be swapped
Great film theory but after seeing the movie I saw a couple things that make me feel like playing devils advocate.
1. Vibranium is their key resource but I dont think its the only thing they can bring to the market. Their technology is so advanced that their soldiers have access to Stark level weapons so they have plenty to sell without vibranium.
2. I dont know if the comic clarifies but from the movie it seems that Wakanda is less of a country and more like a city-state so they probably dont have the same issues that a bigger country would have.
they also dont sell the metal at all, they even told the world their entire reserves had been stolen, the whole theory is tissue paper.
They don't sell vibranium or weapons since their whole thing is to pretend to be a shithole country.
weremutt8 ol
thats what i was thinking their needs seem to be met within the border
Mat is always wrong, from Wario being 7ft tall, to Eggman being faster that Sonic
killmonger is the worst villan name? have you forgotten Taserface from guardians of the galaxy 2?
Rocket's reaction to the name killed me
okay bitch yeah well they made fun of the name in the movie but not in black panther so that’s why he pointed it out
Scrodem hat
Shit poster, chill
TAZER FAAAAACCCE!
Hey hey.
So I have all of one disagreement with this theory. And that is, the issue that Wakanda doesn't sell their vibranium. They are a closed economic system.
IF Wakanda sold, then you'd be totally 100% right in every regard and thensome. However, as we see in the movie, vibranium is the backbone of their technology, all of which they keep to themselves and don't let out of the country. More to point, we don't actually see what kind of economy Wakanda uses. Are they a monetary economy? A welfare economy? A Moral Economy (a horrifying dark age/early medieval system when you think about it that is based entirely on maintaining people's social station by changing the cost of things based on their present social status)? A barter economy? Etc.
Although several of your theories apply across the board, the way they interact changes based on the core principles of what system they are using. Your theory assumes a monetary capitalist style of economy, two things which we can actually reasonably be certain that Wakanda is not.
I kind of want to keep ranting about this for a while and explaining my point, but I'm pretty sure these messages have a word limit which I would undoubtedly hit, so I'm going to stop here having made my point and provided at least enough information to look into the points further if desired.
Otherwise, fantastic video, well researched and I love your work, keep it up. :)
Actually, if there was a word limit, it'd be in the hundred-thousands lol. Great comment, btw!
Yep that also comes to my mind
Indeed! this was bugging me the whole time! I mean, as far as the rest of the world is concerned, Wakanda's only export is handicrafts. It doesn't eliminate their need to evolve, but it does kinda kill this theory. The country seems to be mostly socialist in the way it provides for its people, even with the monarchy, and Killmonger did indeed show the biggest flaw with the setup. Nevertheless, I enjoyed this video!
Great comment. I was thinking the same thing. To add to your comment according to movie Vibrianium has numerous uses in contrast to something like oil that has a limited use. According to Klaw, the Wakandans use Vibrinium as a metal, part of clothing, and as an energy source. He further states that they were only breaking the surface of in their research which had been going on for about 1,000 years.
Essentially, all the needs, with the exception of farming seem to be supplied by the Vibranium that they mine. Also, they appear to have an extensive spy network that isn't known about and they have the technology that would allow them to get in and out of Wakanda w/o having to use international methods of travel. Essentially, it would appear from the movie that the main weakness they have is from Wakandans who are willing to sell them out of backstab their political system.
Hey i think you should make a theory vid that covers the topic you talking about
The problem here is: you think there is alternative. There is one: uru metal. And this one is not Earth-rare. It's entire world-rare. You can't replicate vibranium or uru metal. They are like nanocarbon and graphene but your Earth doesn't have any form of coal.
The second thing: They are closed community. They don't sell vibranium at all. They didn't even showed up to the world until they needed to in the first place.
They don't rely on money like we do. Therefore there will be no economy crash, because econony we know sorta doesn't exist there.
On top, assuming the world finds vibranium - they do not make SHIELDS out of it, they are the highest tech country in the world.
That moment when you are happy that matpat is talking about your home country (Venezuela) but also sad because he is using it as an example of a dystopian nightmare (and it is).
Negiro i am really sorry for what you're going through
Negiro
It’s going to be okay once the president dies or is killed
Some other people have pointed it out but the problem with your theory is that Wakanda is self-sufficient and has its own economy. The economies you mentioned depended on other countries buying from them but Wakanda is isolationist. Also Vibranium not only powers the entire city saving a ton of money, but it’s also not rare. They have a ton more and are not running out at all. [spoilers] the decision at the end of the movie to help the world was not at all an economic decision but a decision to help the rest of the world for countries in poverty and blacks across the globe so that all people would live better lives. It had nothing to do with a failing economy. And lastly Wakanda has a monarchy not a dictatorship. Not all Monarchies are great but there are good rulers every so often. It’s not like the power corrupts, they’re a ruling family, that’s just how it works, T’chala is not someone who climbed up the power ladder. He was always powerful.
He was saying realistically not literally..its a movie why would they make the good guys face a financial crisis
... ....nope they are not a true monarchy aka hereditary.... the leader can be challenged and dethroned.
also ...so is Kim Jong Un not a dictator .???? he was never at the bottom ..he was always powerful?
Power always corrupts...name me a single king that was solely good.
Monarchies are as old and actually worse than dictatorships
Myles Bandel IDK why Mat pat makes his theory before he watches the movie
but only if there royal blood.
because killmonger could does not mean everyones an exeption, black panthers friend? brother? person could not do it so he betrayed him
Though this is a great video, I just have to bring up the fact that Wakanda never exported Vibranium. Their trades was not solely based on Vibranium because they never traded it. Also another thing I noticed is that although T'Challa is the sole leader he has a council that helps him run the nation, insight on what his people need and what else he "should" do to better Wakanda. Third, when the one member of the council mentions the world is catching up, he doesn't mean the world is close to an alternative to Vibranium, since it is not a metal that is in high demand in the Marvel Universe, meaning that there would be no need for an alternative. Vibranium also seems like the element that everyone cares the least about otherwise Tony Stark probably would have a suit made up of it. Great video though!
As I said in another comment... it doesnt make any sense that Wakanda 'never' traded or exported their resource... Sure there's a lockdown on it in the modern age but here's a rundown on what probably happened.
"The only way a fictional 'self-sufficient utopia' like Wakanda, which currently in the Modern age has a lock-down on Vibranium, could work, would be if in the ancient past it traded away or leveraged some of its vital resource (Vibranium) to then gain funds which would allow it to develop and harness the resources as a military resource. They would then use this superior military tech to subjugate and raid the other peoples and in return gain an abundance of other resources. That would explain why the axe from the start of the movie got out, why Stark and the Americans had some Vibranium and would explain why their monarch is an armoured, militaristic, war-god. It is also explained in their history where the T'challa clan (don't know their family title) subjugated and unified the remaining tribes. They've probably built their entire monarchy and dynasty on the exploitation of Vibranium as a military resource to just pillage and levy all the remaining tribes. Once they had enough resources (gold, precious metals, livestock, land) they can then cultivate and harness these resources to cycle up their society, funneling whatever profits into vibranium development so it no longer is a complete military resource... They now use vibranium for tech and infrastructure and can lock away the rest of this resource from the outside world... Their dev of vibranium now allows them to make a constant cycling of profits to benefit every industry and the profits go back into the society. All built on centuries of pillaging and war... Pretty awful self-sufficient utopia right there."
Yes, but Mattpat used his hypothesis as if Wakanda traded vibranium to gain other resources in modern times when they kept it in their own society. What you said actually makes the whole economy of Wakanda make a bit more sense so thanks for that but that would have happened in the past. Thinking that vibranium was traded to other countries to fuel Wakanda's economy was just a small mistake Mattpat made.
It's isn't really accurate to say they _never_ traded Vibranium. Cuz let's be honest, Vibranium is their *_only_* valuable resource. And we never really see how they provide basic needs for their citizens. To make things simple, let me ask you a question. How do they get food? We never see any huge factories, plantations, or farms that would help them in being a self-sustaining nation. So the only possible way is to buy imports. But how would they do that if there was no inflow of money? They can't.
So now let's say that they do have money. Where does it come from? Their government provides everything from education to jobs. And someone else in the comments said that Wakanda doesn't need money because they made everything all for the sake of Wakanda's betterment and laborers never needed a salary. And that's where I call Cowdung. Their citizens don't need money and they refuse to trade their only resource that's of value yet they're so economically stable? That's like saying I passed all my college classes even though I was absent for an entire semester. It's impossible and absurd.
So now, how do they do it? Through trade. Trading what? Their precious Vibranium. With whom? You may ask. We never see other cities in the Marvel Universe that uses Vibranium, right? Wrong. We know Cap's shield is made out of the stuff so it can only mean other types of defensive machines and weaponry have been made with this. We know that it's the strongest metal in the Marvelverse so it would only make sense that people will want it. But by who, you might ask again. Simple. The higher-ups. The people who control the productions of weaponry. The Government. We know that Vibranium has different variations and that these variations are found in isolated regions across the world. One variation that was even called "Anti-Metal" could cut through any known metal.So power hungry politicians are going to want to get their hands on this stuff because it would give them an amazing advantage should war ensue.
And the same goes for the villains. This mineral would be able to give them the upper hand and finally the chance to succeed in their plans. Which in turn will make the Heroes also want it. Because they would need to study and reverse engineer it if they want to develop a metal stronger than it to defend themselves should any villain ever obtain it. And how would they do that without causing war? By buying it. And who can sell it? Wakanda. So, they sell small amounts of Vibranium at a high price and that's where there money comes from.
Maybe they sold it to Howard Stark? He got a small amount of vibranium trade goods. Also the random "relic" that was found in Black Panther movie.
The one Klaw wanted to steal and sell. Clearly vibranium makes it way outside Wakanda either by purpose or by accident.
Wait a minute the is still the possibility that the nation has its own factories supplying the nation, considering that everything has a cloaking field and its not as if wakanda is the wealthiest in currency when the movie starts they say they say they have the lowest currency. Remember the end of the movie when the politician said "what can a nation of farmers do" this in itself tells us they dont keep the primary resources secret ie food resources. who is to say they cant farm their own shrimp in a shrimp farm if they want delicacies.
Secondly who said meteors can only land on one country yes black markets would play a part in some exports but the more likely occurrence is that other smaller meteors could have landed else where in the world creating very small pockets of vibranium.
What i don't understand is how can a nation be watching youtube videos( i say this because "what are those!!!") yet the isnt a country or youtube picking up the network feeds.
Matpat seems to know everything from quantum physics to politics wow!!!
What if I told you guys you can like Marvel and DC?
Agree
marvel = dc
My lord, is that legal?
Blasphemy! We must arbitrarily pick one side and fight to the death!
Or yeah, just like the characters you like.
This.... Sickens me
You forget one thing though. Vibranium isn’t Wakanda’s only major recourse. They just happen to be the only country with it. They also have coal, diamonds and uranium.
The only thing that has any value is uranium diamond can be syntheticly made and coal isnt all that costly they would still have a big problem
It's BeeRay not to mention textiles *wink wink*
Also the use it as a source of power and protection not currency they plan on dispersing it to many centers around the world, not just selling it in an open market for the whole world to buy
Also the world isn’t relying on vibraniam cuz most of them don’t even know it exists.
Not to mention they have a lot more advanced technology than any other country
6:21 .....
Did that censored object just do a cart wheel?
Alek I. Rodesney nope it was a pp flying around
Meatspin.
Don't search this on the internet.
It did the 🚁 🚁🚁🚁🚁
@@tojissock3160 Helicockter
@Meerkat More
I think you mean Helicopter...
I learned more from this than my whole economics class.
Why can’t you be my economics teacher?!
Yes
@PrincessDorky Impatient technological dark this mean vibranium metal threat to everything mankind
Seriously, why don’t ANY teachers use his videos to teach different topics in language kids can understand (movies, games, etc)???
i recommend the economics explained youtube channel
Arguably this is the first theory I find major flaws with. Don’t get me wrong the majority of it would make a lot of sense, if we were to assume Vibranium was some sort of super strong metal or alloy that just could take a heavy hit.
Sadly for the sake of the theory however, this isn’t the case. It’s stated several times throughout the comics and the film that vibranium as a resource is capable of extraordinary feats that no real material on earth can do. It heals, generates energy, and obviously is hyper resilient to name a few of its illogical abilities.
However the theory focuses more on the market aspect of things, which is where the major flaw arises. Vibranium isn’t a resource Wakanda goes out of its way to make known to the rest of the world. Sure government higher ups and officials know about it, but as seen by everyone’s favorite Operative Agent Ross, the world has no clue Wakanda sits on this resource. Hell the entire United Nations believe T’Chaka’s claim that Wakanda hardly possessed any vibranium and that the suit is a rare occurance.
A resource that, in and of itself, allows for a country let alone a continent at the rate they have it to remain hidden, self sufficient, and avoid the majority of the world even knowing of its existence.
The theory revolves around the world relying on Wakanda to be the sole provider of this resource, however they don’t intend to provide it at all until the final minutes of the film... or the climax if you account for Killmongers plan. Due to this it’s an extremely safe assumption that due to the technological capabilities of Vibranium and the 5 tribes unified agreement to keep the supply hidden, T’Challa as the king is extremely likely to be a civil dictator in regards to solely focusing on keeping his country running and secluded, solely because the miracle drug that is penicillin- I mean vibranium allows for him to avoid the trade industry all together.
Economic principles such as supply and demand can only truly take affect in a situation where a governments economic situation (like most of the world) relies on trading to gather resources necessary for life to be maintained. This isn’t the case in Wakanda, seeing as their monopoly is on a fictional material that literally just allows for every essential aspect of life to be fufilled through its use.
It’s because of this that the movie even potentially has a plot due to the illegal trade of vibranium, that allows for a non-Wakandan to learn of this godsend of a country, and further attempt to distribute the goods in his later life.
With that said, I’ll take my leave. I’m a proud theorist, and part of that role is debunking solely under the premise of making theories better in the future. Keep it up Matpat, I’ve followed you for what... 5-6 or so years now? And I’m glad to say I’ll be sticking around enjoying everything. It’s just that natural theorist in me saw the blaring flaw this time. :P
-EDIT-
A) wow that’s a lot of likes... sick nasty!
B) before you go totally saying I missed the point of the video, I’m well aware this was also an extremely well crafted PSA for faulty journalistic processes not displaying the truth of nations in our real world, I’m all for it.
My point was that while the connection is there, I definitely see this as a power play for the black panther label so that it hits trending (which is absolutely logical and I commend Mat for his systematic understanding of how to use the system to his advantage) but as a fan of the material he’s talking about, there are more accurate fictional scenarios to use other than Wakanda to create the point.
Hiro/Peyton see your point
Hi! I am beyond amazed at the amount of time you put to make this reply! As a long time theorist myself, I was kind of disappointed in this one for the exact same reasons you stated and was about to comment something but I felt no need for it after I saw what you wrote. And unlike a lot of people here on the internet, you took the responsibility to fact check and put together a compelling argument, well structured and above all, polite! Keep it up! You are amazing!
I want to see this rebuttal in video form
and that is a theory and a half
Everyone should make this the top comment by liking it million of times.
Someone hasn't been paying attention AND hasn't tried to think outside the box on this one. It's been established that Wakanda doesn't sell any vibranium, and can create technology that is literally centuries ahead of the rest of the world. Using this technology, it is easy to assume that they have such efficient monitoring that virtually no vibranium escapes to the black market, which is why Klaue was so proud of being the only person to have seen Wakanda and stolen a tiny bit of its treasure. And it has been established that the capabilities of vibranium are far beyond that of any other material; it has no substitute. Wakanda has prospered and its people are very well-educated and modern, and Shuri is considered the most intelligent person in the world, so it is also not crazy to assume that the head-start provided by such technological advancement would result in her creating a substitute for vibranium first, if its even possible. Adamantium is probably on the way, so it's likely to be the closest substitute for vibranium used in the same manner as Captain America's shield, but vibranium has been repeatedly shown to be far more versatile in application than just as a strong metal. Adamantium has not.
As for how the country prospers...there are countless ways. Wakanda has futuristic, magnet bullet trains with sonic dampers that can actually cancel out the properties of a metal somehow. They have technology that can heal almost any wound. They can fly jets remotely using VR, and even communicate with and control wildlife. They can even harness and manipulate kinetic energy into pretty much anything they like. Perhaps they have unlimited sources of renewable energy because of this. Perhaps vibranium-based machines can process metals and other materials to sell to other countries. Perhaps they make and sell oil or gold using middle men. Perhaps Wakandans can literally create food, and pretend they are just conventionally farming or producing. And while their technology does all the heavy lifting that other countries must deal with, Wakandans can study, train, and travel. Given that they have several undercover expats, perhaps they are profiting this way. The best surgeons, lecturers, soldiers, political advisers, and industrialists of the world could easily be Wakandan, and accumulating wealth that eventually returns to their homeland. After all, Killmonger was easily able to hide his heritage and be accepted as an American, and he made a name for himself at MIT and with American special forces. Long story short, there are a million ways that Wakandans could theoretically use their magical metal and profit from it without selling it to anyone, or compromising their generally isolationist stance. Unlike other countries, a monopoly on vibranium could lead to vast amounts of virtually any other resource, which means that Wakandan rulers have had it pretty easy when it comes to dealing with the needs of their people. All they have really had to do is maintain secrecy over their methods well.
I like your theories Matpat but this one was poorly thought-out.
Too bad the message of the movie is that "You can only be successful if you live in a fairy land where magic exists, or if you get a good roll on the Dice of Intelligence"
Sahir Khan well thought out explanation.. but why are they opening up their Marvel's to other countries now..
Thus it's a marval film and all fiction.
Bit That wasn't really the message of the movie...
Sahir Khan at the end of the movie they heavily lean towards opening the selling of vibranium
is no one gonna talk about the short song/theme that plays at the end? lowkey rly good
"Killmonger is the worst villain name"
MatPat has never seen Jessica Jones
I guess he conveniently forgot Taserface too.
I don't know Killgrave is still a bit better than Killmonger, bot by much but both are very uncreative
Ironmonger + killgrave =
I dunno about you, but my favorite Daredevil villain is Purpleman
+Ashinror Wynns want to know a really shocking Villain name? the shocker lel lel
As a venezuelan, the fact that you talked about the topic made me happy
Andrés Álvarez De pana man
just one question ive been reading about what happend in venezuela and from what i understood the problem was not the price of oil since their were economic issues way before the price crash
Andrés Álvarez Coño marico si a mi me puso dem feliz
loren wood So the impact of the situation right now in unrivaled. Yes the reliance on oil has been an issue since the late 20th century but the reason why people are eating garbage on the streets is due to the corruption and incompetence of the current regime, which is also a modern dictatorship disguised as the so-called "Socialism of the 21st century".
The local population is dependent on government handouts to survive. That is a free choice that requires submission and brutal control. This was done through apathy and sloth of the adult population.
Just like the US is becoming, beggars who require another to wipe our ass and feed our children.
“Absolute power corrupts absolutely”
*HISTORY FLASHBACKS!*
SHUT UP!!!!! NEVERRRRRRRRRRRR MENTION THAT, THING!!!!!
+Joker ??? you mean steaming pile of bad lines and over extended zoom INS on useless things
Don't u mean government are the ?
[insert Nazi anthem] 🇩🇪 Deutschland Riech is back!
*PewDiePie claps his hands as memes start disappearing*
I thought Wadanda ecomony doesn't depend on Vibranium as they do not sell it.
Have you ever accidentally said game theory for a film theory video?
Yes he has, and he made fun of himself afterwards
their no way your smarter by watching this video... in my case I'm very smart alrd, their no way for me to add more smart.
アップルパイ Smart has reached maximum capacity. Smart overload.
アップルパイ who the fuck said anything about becoming smarter they are talking about if Mat says game theory instead of film theory wrong place and it is kind if sad to brag about being smart when anyone can search up anything who cares if you are smart it's more about the people who are hardworking because there are a shit ton if people who are smart so is it really a bragging right if you haven't made something of yourself
アップルパイ i'd say you're smart, but not grammar smart.
1 thing that seems wrong, they dont seem to rely on external economy. They farm their own stuff and mine it and have their own science division. They rely on an internal economy not the money of other countries.
Brady W Microeconomy
We Are One you can have a capitalist economy with no outside trade. No international trade =/= no private trade
But... the Wakandans never traded vibranium, the only way other people got it was threw finding it accidentally or smuggling it out. The world didn’t even know Wakanda existed until a few years ago. And everyone that it was poor. They’ve kept to themselves and all economic structure is in that country, not reaching out to any country. They also have more then one resource: technology and intelligence
Hardin Harrison I was thinking that and wasn't sure if I fully understand the video
Well... at the end of the movie, Wacanda decides to share their technology with the other nations so what Mat is trying to tell might happen after the end of Black Panther 1
i did say he wrote the script before watching the movie sooo i doubt he would have known about the end credit scene.
He assumes wakanda's only resource is vibranium but never does anything to prove it and if you took the time to look at all the things they have in the movie it shows undeniable proof of materials like straw, wood, electricity which means coal and water, planes need materials like steel, silicon, gold for their electrical parts.
Also they have explosives which implies gunpowder or other forms of explosive materiasl.
Neopolitan
Not to mention trained war rhinos. They have animal resources too.
Why is this recommended to me after he died?
I know
I thought Tazerface was the worse villain name
Brandon Carrillo he didn't know that
Tazerface ia arguably the best villan name ever..
It made for a good joke. So in that sense it was successful.
Yeah, but the real problem here is who is Black Panther going to take on for the sequel? Because all three of Black Panther's enemies are clearly not going to come back. Spoiler: Klaw/Ulysses Klaue and Killmonger died, and the White Gorilla (M'Baku) is now a good guy or ally of T'challa. Or will their be no sequel?
Brandon Carrillo it is lol
OMG This video actually is helping me for my Economics midterm tomorrow 😂😄👌🏼
AudreyAG same
Except it’s not, cause Wukanda is a traditional economy and not a C&C economy...
Jordan Thompson well no but we were learning about the basics of supply and demand, this video just gave me a perfect example on what it looks like when there’s too much surplus in one given area
AudreyAG Gotch! gl tomorrow!
sounds like you weren't studying hard enough already. It gets a lot harder mate, get into it.
Actually, it was never said that Wakanda is Rich, just technologically advanced. They also say in the movie that it can be used as a power source, that's why they have the technology. And they kind of elected him, they could challenge him. Also, we don't ever see what the other resources are, we don't know how much they have.
They have great technology, access to safe food and water, education, and health care. They're rich. You gauge how wealthy a country is by their quality of life
😋A confirmed theory! That's awesome. But the events in other countries is still really tragic and I hope we can prevent things like that from happening.😔
Confirmed? Where?
Mat, you said it yourself, they don't trade vibranium. they have no place in the world economy, the country of wakanda is self sustained
Dude, exactly. This video is bullshit.
+SaveYourGames.com he didn't research a lick of the movie
+Giltrocket _K_O_ comics I mean
That makes no sense. Wakanda doesn't rely on the vibranium like countries rely on oil.
It doesn't sell it. So no money is made from it. The country also appears to be 100% self sufficient.
There is no reliance to other countries for resources or food and that seems to be happening for more than a thousand years (that part alone makes the country more fictional than the vibranium itself). The technology it posses alone is the most advanced on that fictional version of earth. The profit the technology alone could bring should be hundreds of times higher than those of any possible vibranium sales.
Do we even know if money exists there or everything is provided for free to everyone and work is just a hobby/duty?
EXACTLY
No, currency is not needed. Post-scarcity economics.
that's what I was thinking, sense from the first Cap America movie till Winter soldier, Cap's shield and bucky's arm seem to be the only vibranium material outside of Wakanda. "because Science" did a video on how much the vibrainum in Wakanda is worth in the MCU. Also, the type of economy you talk about where everything is free so to speak is kinda like the economy of the Star Trek universe. with unlimited resources/energy, no one has to work but they choose to.
Their economy seems to be completely reliant on nationalism. They work because they love their country and love their king. Now, I dont know if there is a currency system but Wacanda(I don't know how to spell it) is just supposed to represent a oasis that is kept away from the outside world in a fictional movie . This theory was putting Wacanda( I really don't know how to spell it) it a sense of the real world. @Mank Demer, if you want to ask why their work is their duty, then you'll have ask the intentions of the directors of the Black Panther since you clearly missed the point of the original comment.
Uzumakis sorry but that is incorrect, the movie uses many facts from the comics and even scenes ripped straight out of them and in the comics it specifically states that wakanda makes it’s money from selling very small portions of Vibranium for lots and lots of money to buyers they deem worthy of it which for thousands of years they have used that money for The technological advancement of their country which makes it the most wealthiest and technologically advanced Country in the world for those reasons.
This was recommends, and considering what recently happened, I'm beginning to think that RUclips knows when and what to recommend sometimes.
Rest In Peace Chadwick, you were a great man and actor
Rest In Power, Chadwick Boseman
#1 on trending 👀
Tricky #1 in America?
Vincent Ro yeah
Tricky He paid for this video to be on trending lol
Tricky You get used to it
I know right, it's utter nonsense
I watched the movie once so I don't know if I'm right about this but I don't think it ever said they sold vibranium and I think that there rich because they used vibranium to make advanced technology
It actually works either way. They appear rich because of their advanced technology -- but they're not that advanced anymore and will soon be outpaced by everyone else, while simultaneously have tons of an ore no one cares about any more. So they couldn't trade in vibranium and they couldn't trade in technology. Which, again, they may decide to continue to be 100% isolated, but they wouldn't be a relatively advanced or wealthy country anymore.
The soundtrack was amazing for Black Panther.
*Was hoping for a theory about Wakanda's huge mountain of vibranium being related to the last infinity stone tho.*
Do you really want him to tackle another lore theory?
viktorayy :D it has nothing to do with the last infinity stone.
Honestly, I think lore theories are more interesting. While I enjoy the math and science behind games and movies, it's hardly something I wonder about. I'll still watch and somewhat enjoy the theories, but they don't catch my interest like narrative hooks and allusions.
Well when it comes to lore MatPat often hides evidence in order to make the theory work
I don't think he does it with bad intentions, probably to make the show more entertaining since that's the point
Also lore theories are everywhere on RUclips, the science in the fiction is much less common and thus ends up being more unique
But you are entitled to your own opinion, and you're allowed to like his lore theories better
MatPat seems to agree with you recently as he gravitates more towards lore theories
Meanwhiles people who like the science theories better we now have Austin so everyone wins!
For the truth about infinity stones in this movie, watch this movie review-
ruclips.net/video/YDqMC1tSkNw/видео.html
Rip to Chadwick boseman
RIP Chadwick Boseman, he may be gone but he will always be king of wakanda in our memories
Wakanda Forever
Wakanda forever.
Wakanda forever 💜
Amanda forever
Cosmic, it’s cancer bro don’t be disrespectful
What about Taser Face!! that was a bad villain name
Hi rocket rackon (freeking auto corect
Its metaphorical!
+Ben Gimelfarb So instead of going back to correct it, you wrote "freeking", "corect", and then forgot to put another parenthesis. Good job.
+Ravenous *it's
Aj Navarro man that was a bad joke
I don't pretend to be some economy expert, but I think that you might be missing the point - Wakanda doesn't have a connection to the outside world, therefore their economy is a self contained system. They don't need to sell vibranium to the outside world, because they have everything they need in their country' and the vibranium satisfies all of their technological needs.
Attai Lavie yup. Microeconomic
And in a few words you destroyed this video, he also seems to be overlooking what money actually is. It's just a promise of an exchange and since the rest of the world thinks Wakanda is a third world country they're not particularly bothered about trading
Yeah... I gotta say though, his recent theories are not as good as before, although I can't really pinpoint where the problem is. Oh, and also it really annoyed me that the entire video was basically capitalistic American propaganda, but that isn't really the matter.
Attai Lavie It's like he just wanted to throw a video out without putting the effort in he used to, current economies are all boom and bust because of Neo Liberalism, I have a degree in this stuff 😂
I'm Hoping he sees this comment.
now that Chadwick Boseman is gone (RIP) people are really going to hate MatPat and the team for this
He didn't know he can't predict future.
Alexander the great. Yeah you can say that but imagine angry people not realizing this was 2 years ago
@@pizzaapplepie1338 Oh now I see your point.
Here's a problem with this video: Unlike how Venezuela has to earn money from oil exports, Wakanda does not sell their vibranium on the global market to earn revenue to reinvest into their economy and help their citizens. No one even knew they HAD vibranium, much less sold it for money. (So they don't really have to court trading partners like you mentioned) Instead, they KEEP the vibranium for their own country and use it to improve their healthcare system, transport, information and communication technology, infrastructure - all of which the citizens would benefit from, and it doesn't take a "miracle" for the leaders to know the citizens would want/ need these things. No revenue comes from SELLING the vibranium outside, but these benefits are possible because they are USING the vibranium inside the country. The problem with the comparison between oil and vibranium is this - you have to sell oil and get money to reinvest into infrastructure, tech, etc. But vibranium is far more versatile than oil - you don't have to sell it, you can just USE it. And clearly the Wakandans have done just that. Several of their industries, such as healthcare, construction, and technology, have been revolutionised not by extra monetary investment, but by using this extremely versatile vibranium, which there is no shortage of in the country. Their economy isn't based on vibranium exports like Venezuela's and Saudi Arabia's are built on oil exports. Their economy is clearly diversified, with booming technology, manufacturing and agriculture sectors for example, which are not dependent on revenue from vibranium sales, but supported by using the vibranium metal itself.
Bottom line: It's unlikely that Wakanda will face economic collapse if the vibranium price falls, because
A) they never got revenue from exporting it anyway
B) its usefulness will still hold, and they have a lot of it to use
Lord Kitten oh god that's a long ass comment right there
You are completely right, but just remember that Matpat hadn't watched the movie yet.
Tracker Nivrig, this doesn’t excuse him for not reading the comics which were here for decades. Lord Kitten, thank you, I thought no one else realizes that
Lol matpat already watched the movie and you keep saying that he didn't?
Looks like you haven't watched the whole video yet
Lord Kitten
As well, it seems like the current monarch can be challenged by any Wakandaian citizen.
“ The country will remain viable for years to come.”
Me after infinity war: uhhhh that went well
WHO SAID WAKANDA WAS RICH THEY HAVE NO REAL CURRENCY
space gaming with ben and friend's and he says kilmonger is the the worst name but on Ragnorok there was a guy named tazer face
Xtrm Fl4me I know but I was just acknowledging that he had a worse name.
the space station with ben and friend's That’s because his theory is flawed since it works under the assumption that wakanda is a capitalist society but it’s not
Currency isn't required for wealth to exist. It's just required for cultivation of wealth and general progress.
*Every country has a currency*
Angry Theorist here you say all that but you forget that Wakanda has been at it for years literal millions of years so I think they have a working strategy but then again it's MatPat so you can't really argue keep up the good work my entire family is subscribed to all Theorist channels 🎉🎉🎉
My mom called his intro music "gay techno" lmfao🤣🤣🤣🤣
She mexican?
Fact.
HAAAAAHAHAHAHAAHAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHHAHAHHAAHAHAHAHAH
Makes sense
Also, how have they sustained their economy so far without selling the vibranium to foreign countries? Can their economy boom and survive if they only use it within their borders?
Economic isolationism is a real thing, if its effectiveness varies from place to place.
A country can be self-sustaining quite easily so long as it has access to all the materials it needs to thrive. Vibranium provides both a powerful versatile building material and near limitless clean energy source so those are two major factors covered right away. The effect of Vibranium on the land clearly states that it made it far more fertile which makes crop farming a breeze so long as its farmers know what they're doing and we know for a fact they're well adept at farming animals. In fact being a country of sheep farmers is literally the cover that the country uses. So food, water, energy, building materials, and technology materials are all provided right within Wakanda's borders. It's reasonable to assume they have a functioning internal barter/money system as well for trade between tribes since each one clearly has a speciality. Really the one and only thing that they might be lacking is genetic diversity but, considering they have several tribes presumably with well over a hundred people each even that probably isn't an issue.
@@CouchSpud91 thats very cool whoa
@@CouchSpud91
Do basically the only plausible way Disney thought a African state could be self sufficient and successful is with a magic metal that can withstand literal magic and only the good ole boys in wakanda got it?
Erik earned the name "Killmonger." He had over 2000 confirmed kills, evidenced by his ritual scars. It's a great nickname.
Darien Darkhouse "Killmonger" just sounds a little dorky.
They should have called him Super Bad.
But how does one sell kills? So far only half of his name makes sense.
Junambo QCG a contract killer / bounty hunter "sells kills"
Ooh, good point.
2:29 why the blur?
Wakanda has been self sufficient for centuries. They never said they were going to start to sell Vibranium. They said they’d share their TECH. That’s a difference. They’ve never sold Vibranium, so it’s not a source of income for the country. Also since they’re THE ONLY ones who have it you can’t compare it to oil. There are other places to get oil. There is nowhere else to get Vibranium. Your theory is based on Wakanda having to sell Vibranium to support their economy, which is something that do not have to do because they’re a self sustaining and self contained economy.
You right matt pat is wrong
The wild lands also have bribranium in tha marvel universe
So... _how_ do you become self sufficient without selling some Vibranium first?
@@thuglifebear5256 Easy you sell your technology. Apple sold computers I touch, IPhone, and IPads. They didn’t sell thier code. Wakanda can sell communications devices and other such tech. While they use tech? They don’t have to sell vibranium. The same was Tony sells Stark Tech but not Iron Man armor.
But...but...wakanda doesn't sell vibranium
That actually makes it worse. Isolated societies lead to stagnation and eventual regression. This was observed in the Tazmanianians. They regressed after losing contact with the rest of Australia. Japan and China also stagnated because of isolationist policies.
just a random gal
I, too, watched that other video.
Un1234l It is a good video.
They have everything they need already.
joe BONES Japan thought they had everything they needed. Also, even if they have everything they need, they do not have everything they want because humans have nearly unlimited wants There is no such thing as a utopia and there never will be.
Matpat: "Black Panther's economy is in trouble!"
Movie: "I know, we addressed it."
MatPat: ._. "oh, cool"
that should become official outro music
He explains it like if Wakanda's economy runs by selling vibranium but that's not true. Vibranium is not only valuable because of its scarcity but because of its broad application. According to the movie, Wakanda uses vibranium in all form of technology. The biggest difference between Wakanda and Saudi Arabia is that Saudi only sells oil but Wakanda uses vibranium for medical, technological advancement. Wakanda should be compared to the US, a country with one of the largest oil production but also the biggest consumption.
Sunghyun Lee chill out OK?
He didn't watch it. 15:03
Yup.. He completely missed that part. I thought he would mention it in the post script but he seemed to miss it again..
Emet Dara why the fuck dose he do post script shit it’s stupid it shows that he isn’t able to put the time in to perfecting the script that’s written for him and edit a video so everything inside of the original video except put together well
>Saudi coulda' used the oil to advance themselves technologically
>Didn't
Rip
But one problem... wakanda does not SELL vibrabanium but the directly use it for industries like making technology to help the citizens. Like the movie states, wakanda does not take part in international trade
"large portion of Wakanda's industrial output was the manufacture of surveillance and security devices to protect the Vibranium mound."
More on Marvel.com: marvel.com/universe/Wakanda#ixzz5Ch9Nav72
Wakanda selling weapons based on alien tech and material such as vibranium ?
The point is that vibranium is soo good that you don't need to trade with other countries. Wakanda does not need to actually have money from the outside world to run.
if thats the case then wakanda could not actually exist, thye size of the state combine with the fact that even africa does not have all of the worlds important resources means wakanda would never work to begin with, why do you think Europe loved colonialism so much, it gave them resources
Yes but your missing the point that vibranium made up for everything they lacked. Its just that good.
They don't need all those things they would normally need because they have vibranium and have overcome conventional wisdom with it. Those important resources don't matter to them.
last i checked vibranium is not a fuel, it also is not a construction material (those shiny skyscrappers gotta come from somewhere) nor is it capable of making glass, now one could wave that away for just "because" but wakanda would not be possible as a real nation, period, the closest to wakanda that exist (in terms of foreign policy and size) is North Korea, and we all know how well that country is. Wakanda has neither the land area to feed a sizeable population, nor the resources to get where it is, if it where open to world or even local trade (using local countries as proxies) then perhaps, otherwise it is just pure "need to explain why this hasn't existed before" retconning
6:35 Are the helicopter swings really necessary Matt? LMFAO
Do you know what the music he uses there is?
He needs to show they're suffering in full. Heli dicks and all
6:18
Is nobody else bothered that matpat never addresses the chairs? He specifically calls it out, and then... nothing.
1:06 Everybody roasting killmonger but the real worst marvel supervillan name should go to taserface.
W
How about Kill Grave from Jessica Jones
I find the name killmonger cool, I mean it does fit what he does.
(Spoiler alert)
Nah nah. Killmonger didn't do it legit as the challenge was not complete. The only 2 ways out was if T'challa died or gave up. He didn't do either so the challenge was still valid up until Killmonger died in the end. T'challa is still king.
However, in defense of Killmonger, most people Killmonger included though that T'challa died and it's only when T'challa comes back to contest Killmonger's autority that the big civil war erupts.
I have seen the movie and i love it
there wasnt even a big civil war though its like 20 vs 20 vs rhinos and black panthers
Ibrahim Sharrocks in africa 20 vs 20 is pretty big, they probably never had armies of 100k+ people facing another 100k+ army.
Evil villain list #56: i will make sure my slain enemy is cremated or at least have several rounds of ammunition pumped into them, not left for dead at the bottom of a cliff or cavern. My celebration will also be held once their death is fully confirmed.
Good video, one problem. In the movie, it's never stated the Wakandan economy is reliant on the Vibranium trade. 99% of the time, their economy is entirely self-contained, and this assumes that all the Vibranium the Starks got throughout the timeline was legally bought. Macroeconomics isn't a problem for them because it's not even a relevant factor.
all of their technology is based upon vibrabium... even if it was an entirely contained economic system the Macroeconomic theories in question would still apply.
technicallythecenteroftheuniverse yeah in the movie they don’t in comics sometimes they do
Government: what do you need?
People: ima need about tree fiddy